Employers' healthcare costs are expected to exceed $10,000 per employee for the first time in 2012, according to a study from human resources consultant Aon Hewitt.
Premiums are expected to rise 7 percent next year, slightly lower than the 7.5 percent increase between 2010 and 2011.
Employers predict they will spend $10,475 per employee in 2012, $1,364 more than they did two years ago. Health maintenance organization plans are expected to jump 7.8 percent to an average of $11,151 next year, while preferred provider organizations and point-of-service plans are expected to increase 6.6 percent to $10,038 and $11,059, respectively.
According to Aon Hewitt, three main factors are driving up healthcare costs: quantity and cost of large claims, older work forces and poorer health. The large claims could be avoided if employees took preventive measures, according to the report.
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Premiums are expected to rise 7 percent next year, slightly lower than the 7.5 percent increase between 2010 and 2011.
Employers predict they will spend $10,475 per employee in 2012, $1,364 more than they did two years ago. Health maintenance organization plans are expected to jump 7.8 percent to an average of $11,151 next year, while preferred provider organizations and point-of-service plans are expected to increase 6.6 percent to $10,038 and $11,059, respectively.
According to Aon Hewitt, three main factors are driving up healthcare costs: quantity and cost of large claims, older work forces and poorer health. The large claims could be avoided if employees took preventive measures, according to the report.
Related Articles on Coding, Billing and Collections:
Missouri's Fitzgibbon Hospitals Earns $17M in FY2011
Is it Time to Worry About ICD-11? Get Through ICD-10 First
Boston's Caritas Christi Recorded $16.8M in Operational Net Income in Last Year as Non-Profit